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The China Path to Economic Transition and Development
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ISBN: 9789812878434 Year: 2016 Publisher: Singapore Springer Singapore, Imprint: Springer

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This book by the renowned Chinese scholar Dr. Yinxing Hong provides the reader with a perceptive analysis of what has worked in China’s development model. Over the past 30 years, China has experienced a remarkable economic rise, but it now faces the challenge of switching the drivers of this economic growth, which have proven so successful. The path has not been an easy one, and many challenges lie ahead. However, the rise of the Chinese economy has been the most significant global development in recent years. Is there a specific Chinese model? How was the Chinese transition, from a Soviet-style economic structure to one that is more open to market influences and the global market, achieved? In 15 essays, Dr. Hong provides fascinating insights to these and other key questions. The essays cover the challenges involved in transition and how the market-oriented reforms progressed; what the consequences of the transition were for public goods provision and how China opened up its economic system. The essays in Part II address the remaining challenges facing rural areas trying to develop a more consumer-driven economic base, and how to effectively modify the model of economic development. This book provides a sound basis for policymakers and scholars alike, as well as anyone who wants to get an insider’s view of the progress and challenges faced by China’s economic development.


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Corporate China 2.0 : The Great Shakeup
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ISBN: 9781137550897 Year: 2016 Publisher: New York Palgrave Macmillan US :Imprint: Palgrave Macmillan

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This book argues that that the rise of great firms — those with sustainable high return on invested capital (ROIC) — will lay the foundation for China’s successful economic transformation. Drawn from the author’s research on corporate finance and the Chinese economy, the author maintains that being big could be easy but means little for corporate China, especially in the context of China’s transition from an investment-led economy to an efficiency-driven one. The work discusses both internal and external impediments that lead to lack of great companies in China and suggests institutional conditions which foster the rise of great companies in China, including, reversing the government’s obsession with GDP, reforming the financial system, and promoting entrepreneurship. Policy makers, investors, corporate executives, and MBA students and scholars will appreciate case studies of Huawei, Alibaba, Xiaomi, and Lenovo, among others, that illustrate the endeavors made by Chinese entrepreneurs at the grassroots level and highlight what makes successful companies in China.


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Climate Policy Under Intergenerational Discounting : An Application of the Dynamic Integrated Climate-Economy Model
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ISBN: 9783658121341 Year: 2016 Publisher: Wiesbaden Springer Fachmedien Wiesbaden, Imprint: Springer Gabler

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In this thesis, Orlando Zaddach applies a discounting scheme derived by Krysiak (2010) in the latest DICE model and presents its implications for optimal climate policy. Furthermore, he carries out an one-factor-at-a-time (OFAT) sensitivity analysis to check the discounting scheme for robustness. It turns out that the proposed discounting scheme fails in incorporating consumer sovereignty and intergenerational equity sufficiently. Contents • DICE-2013R and Other Integrated Assessment Models • Consumer Sovereignty vs. Intergenerational Equity: An Overview of the Stern-Nordhaus Debate • Intergenerational Discounting and Overlapping Generations Models • Intergenerational Discounting in the DICE Model Target Groups • Lecturers and students of environmental economics • Professionals in the field of climate change and climate protection About the Author Jonathan Orlando Zaddach studied economics at the Albert-Ludwigs-University of Freiburg and wrote his master thesis at the Department for International Economic Policy under the supervision of Prof. Dr. Günther G. Schulze. His second supervisor was Prof. Dr. Frank C. Krysiak from the University of Basel. Currently he is working on his PhD thesis at the Chair of Public Finance, Friedrich-Alexander-University Erlangen-Nürnberg.


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Development Paradigms for Urban Housing in BRICS Countries
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ISBN: 9781137446107 Year: 2016 Publisher: London Palgrave Macmillan UK :Imprint: Palgrave Macmillan

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This book is a concise treatise of the alternative paradigms used in BRICS countries to tackle urban housing shortages. There are a number of alternative methods for meeting these shortages which BRICS countries have adopted. These alternatives may agree in terms of desired outcome, but when it comes to approach, mechanics and scope, they are entirely divergent. By focusing on the political economy and the international structure of each BRICS country, these perspectives present alternative and often conflicting approaches to the attainment of better housing. Development Paradigms for Urban Housing in BRICS Countries explores the various political, economic, institutional and cultural factors that have shaped the housing outcomes in BRICS countries that we see today. The book uses a framework which allows comparison between Brazil, Russia, India, China and South Africa, whilst recognizing the differences in the development path that each of these countries has taken.


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Public sector performance and development cooperation in Rwanda : results-based approaches
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ISBN: 9783319421445 9783319421438 Year: 2016 Publisher: Cham Palgrave Macmillan

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This study provides a conceptual framework for analysing Results-Based Approaches to improving public sector effectiveness and efficiency according to their actor constellation and shared characteristics. Though there is consensus regarding the importance of functioning public sector agencies and organizations for sustainable development, public sector reform efforts have historically only had modest success. Results-Based Approaches aim at improving public sector performance through the establishment of reward modalities on the domestic as well as international levels, and the authors of this work evaluate the potential of these approaches to provide an entry point for development cooperation. Applying their framework to empirical data obtained from fieldwork in Rwanda, they analyse the main domestic performance approach – Imhigo – and suggest how the system might be strengthened. Stephan Klingebiel is Department Head (Bilateral and Multilateral Development Policy) at the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE). His research and university teaching focus on political economy of aid, aid and development effectiveness, political economy and governance issues in sub-Saharan Africa, and crisis prevention and conflict management. He is a regular Visiting Professor at Stanford University (Bing Overseas Studies Program, Cape Town) and a visiting lecturer at Philipps University Marburg, Germany. Victoria Gonsior is a consultant for Public Finance Management at GFA Consulting Group. Previously, she participated in the Postgraduate Training Programme and worked as a researcher at the German Development Institute. Her research and work concentrate on development economics with a focus on public finance. Franziska Jakobs is a consultant for Governance at GFA Consulting Group, Germany. Previously, she completed the Postgraduate Training Programme and worked as a researcher at the German Development Institute. Her research and work mainly focus on good governance issues, in particular decentralization, public service delivery and local governance. Miriam Nikitka is a consultant in the Monitoring & Evaluation Unit at GFA Consulting Group. Previously, she participated in the Postgraduate Training Programme at the German Development Institute. Her research and work concentrate on results-based approaches, results-oriented monitoring and complex strategic evaluations.

End of Hyper Growth in China?
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ISBN: 9781137537188 Year: 2016 Publisher: New York Palgrave Macmillan US :Imprint: Palgrave Macmillan

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The Morality of Radical Economics : Ghost Curve Ideology and the Value Neutral Aspect of Neoclassical Economics
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ISBN: 9781137455598 Year: 2016 Publisher: New York Palgrave Macmillan US :Imprint: Palgrave Macmillan

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This book is in equal parts a treatise on morality and economics, a critique of neoclassical orthodoxy, a brief for replacing mainstream economics with a radical political economics, and an argument for the abandonment of neoliberal capitalism in favor of democratic socialism. It includes a detailed proposal for a "demand and cost" alternative to "supply and demand" analysis and an in-depth technical critique of both neoclassical "high theory" and "applied microeconomic analysis" demonstrating that these are not only infeasible or immoral, but have directly contributed to public policy disasters. Further, the book suggests that only a moral economics in the form of radical political economy can address the looming economic and environmental crises of today’s world. Baiman begins with an introduction to morality and ethics in both general sciences and in economics in particular. He then guides readers through evidence of how neoclassical economics has not only failed to remain objective and value-free, but has become an ideology of apologetics protecting an immoral system. In addition to breaking down real-world examples to demonstrate his assertions, Baiman analyzes a theoretical Utopia design exercise. He concludes by arguing that the only form of economics that supports widely shared human values—such as social equity, democracy, and solidarity—is so-called "radical economics", and that all true economics science should be directed toward achieving more socially productive economic activity. An invaluable guide to morality and economics, this book will appeal to researchers and teachers looking to change the way we think about economics, policy, and society.


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China, New Zealand, and the Complexities of Globalization : Asymmetry, Complementarity, and Competition
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ISBN: 9781137516909 Year: 2016 Publisher: New York Palgrave Macmillan US :Imprint: Palgrave Macmillan

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The book examines the expansion of investment and trade between China and New Zealand, and its changing composition within the political framework, especially the 2008 Free Trade Agreement. Particular attention is paid to China’s volatile agrifood market, where New Zealand dairy products play an important role for both countries. The New Zealand-China economic relationship – asymmetrical and complementary, but with increasing competition from domestic production – is a case study of the complexities of globalization and the interplay of economic imperatives, political pressures and cultural factors. China is now New Zealand’s main economic partner and a major source of migrants, tourists and students. This proposed study on how New Zealand and China manage their grave dissimilarities and disparities in growing, ever close economic ties will be of interest to academics, policy analysts, economic/trade decision makers, and business practitioners.


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End of Hyper Growth in China?
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ISBN: 9781137537188 Year: 2016 Publisher: New York Palgrave Macmillan US :Imprint: Palgrave Macmillan

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In this book, Dr. Jun Zhang rebuts the widely-held view that Chinese economic growth is unsustainable due to low consumption and a reliance on exports and enormous fixed-asset investments. Though many believe this “structural imbalance” of the Chinese economy will become a serious problem in the long run, Zhang holds a bullish long-term outlook owing to China's long-term economic development. For Zhang, China’s structural problems are greatly exaggerated and certain structures, such as regional governing entities, ensure that China will not face the same economic issues that Japan encountered. Through regional competition, regional governments will persevere; Zhang predicts that China will overtake the US as a superpower. Zhang concludes by acknowledging the real dangers facing China’s economy, and offering advice on the reforms needed to ensure continued growth. .


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Governance and the crisis of rule in contemporary Africa : leadership in transformation
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ISBN: 9781137563576 9781137566850 9781137566867 Year: 2016 Publisher: Cham Palgrave Macmillan

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This volume advances the discussions of leadership in Africa's specific history, culture, economy, and politics. The book promotes an understanding of leadership and its paradoxes and illuminates the conditions under which political leadership has been produced, and how those conditions have shaped leaders.

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